🔥 How do you view this round of BNB market movement? I will analyze it from technical, on-chain, and fundamental perspectives.

📈 Technical highlights: On the 1-hour chart, BNB surged to 941.78 and then pulled back. It is now oscillating between 937 and 941. The Bollinger Bands are opening upward, which is a good sign. The moving averages are arranged in a bullish alignment, MACD is still releasing red histogram momentum, and the DIF is above DEA—overall bullish momentum is quite strong. The key resistance level is around 942, with support at 935 below. Whether these levels can be effectively broken will determine the subsequent trend direction.

🔗 On-chain data speaks: Recent 24-hour monitoring shows that large BNB holding addresses have increased by 15%, indicating that institutions and big investors are quietly accumulating. The net withdrawal volume from exchanges is rising, which is a clear sign of accumulation. On-chain activity has reached a weekly high, and such accumulation usually isn’t wasted.

📰 Fundamentals are also solid: As the core asset of the ecosystem, platform tokens have received many positive news recently. New project launches indeed increase demand for the platform token. Plus, the macro environment is relatively warm, with easing expectations rising, and the overall crypto market sentiment is improving.

💪 Overall view: Technical bullish signals + on-chain capital inflow + fundamental support—this combination makes shorting less likely. I tend to believe that BNB will test the 942 resistance within 1-2 hours. A volume breakout could lead it straight to 950-960. Even if there is a short-term pullback, the 935 level should hold, which could be a good opportunity to build positions on dips.

⚡ Trading advice: Don’t rush to chase highs. You can gradually enter around 938, with a stop-loss below 935. If it breaks below that, exit. Conversely, if it breaks above 942, consider adding positions aiming for 960. Remember the importance of trend in trading—following the trend is key.